Melbourne, FL · Cert 57832
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Melbourne, FL · Cert 57832
FDIC
Q1 2010
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.07% | 0.01% | -0.23% | -0.09% | -0.04% | 0.04%1 | 0.01%1 | 0.47% | +56 bps | |
| Return on Equity | 0.45% | 0.05% | -1.45% | -0.57% | -0.24% | 0.28% | 0.07% | 3.56% | +413 bps | |
| Net Interest Margin | 3.35% | 3.49% | 3.13% | 2.84% | 2.76% | 2.70% | 2.84% | 3.15% | +31 bps | |
| Efficiency Ratio | 96.90% | 95.20% | 95.98% | 94.01% | 98.02% | 94.59% | 90.62% | 79.64% | -1,437 bps | |
| Non-Interest Burden | 3.24% | 3.34% | 3.03% | 2.69% | 2.73% | 2.57% | 2.59% | 2.45% | -24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.31% | 18.92% | 27.49% | 23.04% | 35.60% | 30.25% | 17.33% | 19.30% | -373 bps | |
| Loan Growth (YoY) | 39.56% | 31.92% | 26.25% | 32.19% | 37.42% | 29.24% | 20.95% | 5.52% | -2,667 bps | |
| Deposit Growth (YoY) | 19.29% | 9.42% | 22.87% | 24.65% | 40.54% | 33.72% | 20.54% | 22.34% | -231 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.02% | 1.04% | 1.20% | 1.20% | 1.17% | 1.16% | 1.40% | 1.48% | +27 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.97% | 13.20% | 13.58% | 12.65% | 11.80% | 11.44% | 11.91% | 12.34% | -31 bps | |
| Equity / Assets | 16.48% | 16.22% | 15.93% | 15.08% | 13.49% | 13.01% | 13.56% | 12.79% | -230 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.39% | 93.33% | 87.96% | 90.18% | 85.44% | 90.20% | 88.26% | 77.78% | -1,240 bps | |
| Liquid Assets / Assets | 0.01% | 0.02% | 3.25% | 3.23% | 1.41% | 2.67% | 5.99% | 12.60% | +937 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |